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10/3/23 8:19 AM
Rate Indications
 To take down an advance, login to eBanking or contact the Member Transaction Desk : 
855-345-2244, Option 1
 Today's Headlines   Market Rates 
S.A.V.E. Advance Special (until October 31, 2023): A one-time 10bp discount on up to $5mm of either an A121 Fixed Rate, Fixed Term or A300 SOFR Floater advance between 1-3 years.  Must call the Member Transaction Desk and mention the S.A.V.E. Advance to execute.  Visit our Solutions page on fhlbc.com for Terms and Conditions.

Advance Discount Specials (until October 31, 2023): 5 bps discount on qualifying fixed rate fixed term advances, callable fixed rate, and amortizers. Visit our Solutions page on fhlbc.com for Terms and Conditions. 

Early bird discounts, all before 10:00 a.m.: (1) Available on A120 (<= 27 days) advances, additional volume discounts may be available; (2) 1-month (no minimum at 5.47%) and 3-month (no minimum at 5.57%) A121 advances. To execute, please call the Member Transaction Desk before 10:00 a.m.

 Term   Treasury   Swaps   Fixed Rate Advances 
2 years 5.11% 5.04% 5.23%
5 years 4.74% 4.51% 4.88%
7 years 4.76% 4.44% 5.11%
10 years 4.72% 4.42% 5.25%
 FHLBC Deposit Rates^ 
DID (yesterday) 5.17215% ^Call for term deposit rates.
 Fixed Rate Advances   Fixed Rate Callable Advances (Member-Owned Embedded Option) 
Term Community Advances Regular Advances All-in After Dividend* Forward-Starting  Term   Lockout   Bermudan   All-in After Dividend*   Option Cost 
 1 week    5.47% 5.34% Advances settle one year forward from today and then have stated term to maturity  2 years  6 months 6.04% 5.91% 0.81%
 2 weeks  5.48% 5.35%  2 years  1 year 5.84% 5.71% 0.61%
 3 weeks  5.48% 5.35%  3 years  6 months 6.20% 6.07% 1.14%
 1 month  5.38% 5.49% 5.36%  3 years  1 year 5.99% 5.86% 0.93%
 3 months  5.48% 5.59% 5.46%  5 years  6 months 6.45% 6.32% 1.57%
 6 months  5.55% 5.66% 5.53%  5 years  1 year 6.24% 6.11% 1.36%
 9 months  5.59% 5.69% 5.56%    5 years  2 year 5.79% 5.66% 0.91%
 1 year  5.45% 5.56% 5.43% 4.87%  7 years  1 year 6.55% 6.42% 1.44%
 1.5 years  5.29% 5.39% 5.26% 4.78%  7 years  2 years 6.28% 6.15% 1.17%
 2 years  5.12% 5.23% 5.10% 4.78%  10 years  2 years 6.43% 6.30% 1.19%
 2.5 years  5.00% 5.11% 4.98% 4.74%  10 years  3 years 6.24% 6.11% 0.99%
 3 years  4.96% 5.06% 4.93% 4.70%  10 years  5 years 5.74% 5.61% 0.50%
 3.5 years  4.87% 4.98% 4.85% 4.69%  15 years  5 years 5.88% 5.75% 0.30%
 4 years  4.83% 4.94% 4.81% 4.68%  Fixed Rate Putable Advances (Bank-Owned Embedded Option) 
 4.5 years  4.79% 4.90% 4.77% 4.79%  Term   Lockout   European   All-in After Dividend*   Option Value 
 5 years  4.78% 4.88% 4.75% 4.90%  3 years  6 months 4.57% 4.44% -1.09%
 6 years  4.92% 5.03% 4.90% 5.01%  5 years  6 months 4.23% 4.10% -1.42%
 7 years  5.00% 5.11% 4.98% 5.10%  7 years  6 months 4.15% 4.02% -1.51%
 10 years  5.14% 5.25% 5.12% 5.27%  10 years  6 months 4.12% 3.99% -1.54%
 15 years  Call for availability 5.59% 5.46%    3 years  1 year 4.65% 4.52% -0.91%
 20 years  5.82% 5.69%    5 years  1 year 4.34% 4.21% -1.22%
 30 years  5.89% 5.76%    7 years  1 year 4.22% 4.09% -1.34%
   10 years  1 year 4.13% 4.00% -1.43%
 5 years  2 years 4.45% 4.32% -0.78%
 Fixed Rate Amortizing Advances   7 years  2 years 4.26% 4.13% -0.97%
  Amortization Term  10 years  2 years 4.14% 4.01% -1.08%
Term 5 years 7 years 10 years 15 years  7 years  3 years 4.34% 4.20% -0.73%
 5 years  5.11% 5.04% 5.00% 4.98%  10 years  5 years 4.63% 4.49% -0.26%
 7 years  n/a 5.11% 5.14% 5.16%  Term   Lockout   Bermudan   All-in After Dividend*   Option Value 
 10 years  n/a n/a 5.20% 5.27%  5 years  6 months 3.96% 3.83% -1.70%
Term 15 years 20 years 25 years 30 years  7 years  6 months 3.74% 3.61% -1.91%
 15 years  5.41% 5.53% 5.59% 5.61%  10 years  3 months 3.44% 3.31% -2.15%
 20 years 
n/a 5.63% 5.75% 5.81%  7 years  1.24% 0.02% 1.26% 0.32%
 30 years  n/a n/a n/a 5.86%    10 years  1.55% 0.02% 1.58% 0.32%
                     
                     
 Floating Rate Advances 
 Discount Note Floater Advances     SOFR Index Floater Advances 
  Non-Prepayable Prepayable (on reset dates)^  Index / Rate Indic.   Term   Prior Index   Spread   Prior Day Rate 
 Term**   Spread to 4WK   Spread to 13WK   Spread to 4WK   Spread to 13WK  SOFR 3 Months 5.32% 0.19% 5.50%
 3 months  0.23% n/a 0.26% n/a SOFR 6 Months 5.32% 0.20% 5.51%
 6 months  0.29% 0.23% 0.36% 0.30%   SOFR 9 Months 5.32% 0.23% 5.54%
 1 year  0.36% 0.26% 0.41% 0.32% SOFR 1 Year 5.32% 0.25% 5.56%
 2 years  0.61% 0.48% 0.63% 0.50% SOFR 18 Months 5.32% 0.29% 5.60%
 3 years  0.68% 0.57% 0.70% 0.59% SOFR 2 Years 5.32% 0.32% 5.63%
 4 years  0.69% 0.58% 0.71% 0.60% SOFR 3 Years 5.32% 0.42% 5.73%
 5 years  0.71% 0.60% 0.73% 0.62% SOFR 4 Years 5.32% 0.45% 5.75%
Prior Index 4 week 5.324% 13 week 5.406% SOFR 5 Years 5.32% 0.46% 5.76%
 ^Prepayable at par with 1 day notice. **Please call for terms between 5 years and 10 years, or for 26 week index.  SOFR 6 Years 5.32% 0.65% 5.95%
 Overnight Discount Note Floater**  SOFR 7 Years 5.32% 0.76% 6.05%
 Term^     Prior Index   Spread   Prior Day Rate  SOFR 8 Years 5.32% 0.84% 6.14%
<= 3 Months 5.286% 0.310% 5.526% SOFR 9 Years 5.32% 0.88% 6.17%
 ^Prepayable same day before 3:00PM. **Please call for additional terms not listed above.  SOFR 10 Years 5.32% 0.92% 6.22%
 Overnight Advances 
 Term     Minimum   Today   Prior Day 
1 Day   No minimum 5.46% 5.46%
Open Line (Daily Rate Set)# No minimum 5.65% 5.64%
#Rate set at and available until 3:00 pm; Late Day Advances may be available until 4:30 pm by calling 855-345-2244, Option 1.